San Francisco-based Startup Opens Office in Vancouver
Companies of all sizes are recognizing the advantages of investing in British Columbia’s thriving tech sector; this includes large multinationals and start-ups like Segment, which recently established an office in Vancouver, British Columbia.
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Segment is a San Francisco- based firm developing software that collects data and sends it to analytics, marketing, and data warehousing services. Founded in 2011, the company has experienced positive growth and was looking to expand operations into Canada. Vancouver emerged as an ideal location, given its close proximity to U.S. technology centres on the West Coast and diverse pool of technology talent. Having an office in Vancouver also allows for close collaboration with its head office in California given they both operate in the same time zone.
British Columbia’s U.S. Trade and Investment team assisted the company in their expansion by providing information on incentives for international companies interested in establishing in British Columbia and guidance on suitable office locations
Segment’s decision to establish an office in British Columbia reflects the strength of the local technology sector. Companies from around the world recognize B.C.’s targeted incentives, strategic location and diverse workforce are good for their bottom line. With international leaders such as Amazon, Microsoft and SAP as well as home-grown companies like Hootsuite, Slack and Sierra Wireless establishing operations, B.C.’s technology sector is now growing faster than the overall economy and is one of the largest tech sectors in Canada.
British Columbia is also home to world-class research facilities and top-ranked universities. Key players in the industry will come together for the #BCTECH summit in March 2017 to discuss BC-made tech innovations and the future of the sector.
For more information on investing in British Columbia’s thriving technology sector contact one of our international trade and investment representatives.